Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026)
Taylor Morrison Home's (TMHC) quarterly Operating Expenses came in at $148.8 million in Q1 2026, down 15.73% year-on-year from $176.6 million in Q1 2025, and down 23.52% quarter-over-quarter from $194.6 million in Q4 2025.
Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026) Analysis & Trends
Taylor Morrison Home's Operating Expenses history runs 15 years deep, the most recent figure standing at $148.8 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 15.73% year-over-year to $148.8 million in Q1 2026; TTM through Mar 2026 was $707.2 million, a 8.98% decrease from a year earlier, with the FY2025 full-year figure at $735.0 million, down 4.61% from the prior year.
- Operating Expenses slipped to $148.8 million in Q1 2026 per TMHC's latest filing, from $194.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $204.3 million in Q4 2024 and bottomed at -$106.6 million in Q4 2022.
- The 5-year median for Operating Expenses is $176.6 million (2025), against an average of $159.8 million.
- Across the five-year window, Operating Expenses tumbled 157.41% in 2022 and soared 276.57% in 2023, its largest moves.
- Year by year, Operating Expenses stood at -$106.6 million in 2022, then surged by 276.57% to $188.2 million in 2023, then gained by 8.53% to $204.3 million in 2024, then retreated by 4.72% to $194.6 million in 2025, then decreased by 23.52% to $148.8 million in 2026.
- Per Business Quant, the three latest TMHC Operating Expenses figures stand at $148.8 million (Q1 2026), $194.6 million (Q4 2025), and $180.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 382.97 Mn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 130.87 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 109.73 Mn |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | 831.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 148.85 Mn |
| Dec 31, 2025 | 194.62 Mn |
| Sep 30, 2025 | 180.70 Mn |
| Jun 30, 2025 | 183.04 Mn |
| Mar 31, 2025 | 176.62 Mn |
| Dec 31, 2024 | 204.26 Mn |
| Sep 30, 2024 | 199.34 Mn |
| Jun 30, 2024 | 196.74 Mn |
| Mar 31, 2024 | 170.16 Mn |
| Dec 31, 2023 | 188.21 Mn |
| Sep 30, 2023 | 167.79 Mn |
| Jun 30, 2023 | 183.68 Mn |
| Mar 31, 2023 | 159.02 Mn |
| Dec 31, 2022 | -106.59 Mn |
| Sep 30, 2022 | 147.05 Mn |
| Jun 30, 2022 | 165.54 Mn |
| Mar 31, 2022 | 157.27 Mn |
| Dec 31, 2021 | 185.67 Mn |
| Sep 30, 2021 | 167.61 Mn |
| Jun 30, 2021 | 167.56 Mn |